Time Is On Your Side

Thousands Of Experts Study Overbought Indicators, Oversold Indicators, Head-and-shoulder Patterns, Put-call Ratios, The Fed's Policy On Money Supply, Foreign Investment, The Movement Of The Constellations Through The Heavens, And The Moss On Oak Trees, And They Can't Predict Markets With Any Useful Consistency, Any More Than The Gizzard Squeezers Could Tell The Roman Emperors When The Huns Would Attack.

All The Time And Effort People Devote To Picking The Right Fund, The Hot Hand, The Great Manager Have, In Most Cases, Led To No Advantage.

Invest In What You Know.

Never Invest In A Company Without Understanding Its Finances. The Biggest Losses In Stocks Come From Companies With Poor Balance Sheets.

When You Sell In Desperation, You Always Sell Cheap.